This website has
been set up by Michael I. Goldberg as the court-appointed Receiver
for Worldwide Entertainment, Inc., et al. This website will be updated
often to keep creditors informed of the progress of the
receivership.Message from the
Receiver

Michael I. Goldberg, is the Court Appointed Receiver for Worldwide
Entertainment, Inc., The Entertainment Group Fund, Inc., American
Enterprises, Inc. and Entertainment Funds, Inc. (collectively,
"Receivership Entities") in the case styled Securities & Exchange
Commission vs. Worldwide Entertainment, Inc., et al., Case No.:
06-20975-CIV-HUCK (the "Receivership Case"). The
following is a brief update on the status of the Receivership Case.

Investor Distributions:

The
Receiver has made three distributions to date of approximately $35
million to eligible creditors representing a 21.37% return of their
principal investment(s).1 Please refer to the Receiver's
latest status report regarding potential future distributions.

Investors are continuously urged to keep their contact information
with the Receiver's office current. If you need to update your
contact information, please complete the Change of Address Form
found under the "Forms" tab of this website and submit it to the
Receiver in accordance with the instructions on the form. For
any other questions regarding this matter, please contact the
Receiver's office by calling (800) 223-2234.

1. For eligible
creditors with IRA investments, please be advised that your
distribution check has been mailed directly to your IRA
custodian unless you have directed our office otherwise. If you
have a change in your IRA custodian at any time, you need to
notify our office in writing of same. Please contact my office
at (800) 223-2234 for further instructions.

2. This percentage takes into account
both pre and post receivership distributions for some eligible
creditors due to the "rising tide" method of calculating claims
in this case. For more information on the "rising tide" theory,
please refer to the FAQS section of this website.

Jack Utsick Sentenced to 220
Months

John P. (Jack) Utsick was extradited
from Brazil on December 6, 2014, and was taken into custody on
December 7, 2014 by the U.S. Marshall's Service and transported
to Miami, Florida. On June 10, 2016, Mr. Utsick plead
guilty to Count 7 of the Superseding Indictment for mail fraud.
On October 11, 2016, the Court entered a Judgment against Mr.
Utsick sentencing him to federal prison for 220 months and
ordered that he pay restitution in the amount of $169,177,338.

SPECIAL NOTICE TO INVESTORS FROM THE COURT

PLEASE
DO NOT WRITE LETTERS OR CALL THE JUDGE, HIS LAW CLERKS, OR JUDICIAL
ASSISTANTS REGARDING THIS CASE. THE JUDGE WILL NOT READ OR CONSIDER
ANY EX-PARTE COMMUNICATIONS FROM INVESTORS. THERE ARE SPECIFIC RULES
GOVERNING THE FILING OF DOCUMENTS WITH THE COURT THAT MUST BE
FOLLOWED. IF YOU INSIST ON SENDING COMMUNICATIONS TO THE COURT,
PLEASE CONSULT A LAWYER FOR THE PROPER PROCEDURE.

ANY
QUESTIONS OR CONCERNS REGARDING THIS POLICY OR OTHER GENERAL CASE
INFORMATION, SHOULD BE DIRECTED TO THE RECEIVER'S OFFICE BY CALLING
(800) 223-2234, VIA E-MAIL AT WORLDWIDE@AKERMAN.COM, OR IN WRITING
TO MICHAEL I. GOLDBERG, RECEIVER, 350 EAST LAS OLAS BLVD., SUITE
1600, FT. LAUDERDALE, FL 33301-2229.